Farmers in Brazil have won a 7½ billion dollar lawsuit against Monsanto for shaking them down for never-ending fees:
Monsanto may soon be forced to pay as much as 7.5 billion dollars back to the farmers who say that the mega corporation took their rightfully earned income and taxed their small businesses to financial shambles. It all started with a monumental lawsuit launched by over 5 million farmers against Monsanto looking to recover financial losses from ridiculous seed taxes that bankrupted many families.
Back in April, a Brazilian court ruled that Monsanto absolutely was responsible for paying back the exorbitant amounts of cash back to the farmers, ordering the company to issue back all of the taxes collected since 2004 — a minimum of 2 billion dollars. Afterwards, Monsanto appealed the decision and the case is now suspended until a further hearing is initiated by the Justice Tribune of the local court stationed in Rio Grande do Sul.
Recently, however, the Brazilian Supreme Court declared that any decision reached in a local court case should apply nationally. The result? Monsanto now faces even larger charges, due to the larger legal application on a national level. Now, the charges total or exceed 7.5 billion dollars.
I don’t expect this to survive appeal, because, after all, it’s peasants versus Monsanto, and you can be sure that the Department of Commerce is already burning up the phone lines trying to fix this, shortly to be followed by State, and probably the Pentagon as well.
Silly peasants, don’t you know that the laws doesn’t apply to rich people and transnational corporation?